Tag: Marketwatch
A stock-market selloff took a breather Monday afternoon, with the Dow Jones Industrial Average on track for its biggest intraday bounce back from negative territory since February. The blue-chip gauge tumbled sharply in early trade, falling 487.7 points, or 1.44%, at its session low, before turning higher in afternoon action. The Dow DJIA, +0.38% was […]
Shares of Talis Biomedical Corp. TLIS, +4.36% bounced 1.9% in midday trading Monday, after the diagnostic testing company requested a withdrawal of a large share offering by a selling shareholder. After the March 15 closing bell, the company had registered 37.49 million common shares for sale, including 7.63 million common shares and 29.86 million shares […]
Shares of Nkarta Inc. NKTX, +94.21% skyrocketed 92.8% in very active morning trading, enough to make the stock the biggest gainer and most active listed on major U.S. exchanges, after the biopharmaceutical company announced positive results from a Phase 1 trial of its cancer treatments. The rally comes after the stock closed at a record […]
U.S.-listed shares of Valneva SE VALN, -0.52% tumbled 14.4% in premarket trading on Monday after the company said the European Medicines Agency had requested additional information about its COVID-19 vaccine candidate. Valneva said it will respond to the request, and if the new data are accepted by the EMA’s Committee for Medicinal Products for Human […]
Steven Goldstein is based in London and responsible for MarketWatch’s coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch’s economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein. Source: Marketwatch
Philadelphia is reversing course on the face-mask mandate imposed just days ago and rescinding it, citing improving numbers for hospitalizations and case counts, the Associated Press reported. The Board of Health voted on the matter on Thursday, according to the Philadelphia health department. It did not provide data to back up the decision but said […]
Shares of Schlumberger Ltd. SLB, +2.46% rallied 1.1% in premarket trading Friday, after the oil services company reported first-quarter profit and revenue that rose above expectations and announced a 40% increase in its dividend. Net income rose to $510 million, or 36 cents a share, from $299 million, or 21 cents a share, in the […]
Allegion Plc ALLE, +2.16% said Friday it agreed to buy Access Technologies LLC from Stanley Black & Decker Inc. SWK, -1.91% for $810 million. The price values the manufacturer, installer and service provider of automatic doors in North America at about 2.4 times its $340 million annual revenue. Allegion said it’s received committed financing from […]
Shares of Newmont Corp. NEM, -3.30% sank 2.1% in premarket trading Friday, after the gold miner reported first-quarter profit and sales that came up shy of forecasts, as costs increased at a faster pace than sales. Net income fell to $48 million, or 56 cents a share, from $559 million, or 70 cents a share, […]
Kimberly-Clark Corp. KMB, +8.13% stock rose 4.5% in Friday premarket trading after it reported first-quarter earnings that beat expectations and raised its full-year guidance. The 150-year-old consumer products company posted net income of $523 million, or $1.55 per share, down from $584 million, or $1.72 per share, last year. Adjusted EPS of $1.35 beat the […]